Not sure know where you should be putting your money first?

In this episode of the Your Next Money Move podcast, we share with you how we recommend you prioritize your next money move. Whether you have debt, children you want to help put through college, or an employer that matches your retirement contributions, we have a Next Money Move Map that can help you prioritize where your next dollar should be put to work.

At the end of this episode, you will have a better idea in which order you can tackle different categories in your personal finances and how you can make money moves that will contribute to your goals.

What we discuss:

01:20: The steps of the Your Next Money Move Map 2:00: Why should you not keep too much cash on hand? 2:48: Why should you not have more than two months worth of living expenses in your checking account? 05:59: What is the employer-match? 11:26: What is an emergency reserve and which philosophy should you adopt? 12:43: Where should you store your emergency reserves? 15:20: Why do we suggest only paying off variable debts and debts that are over 5% in interest? 18:09: How should you save for a down payment on a home? 22:14: Why should you be investing 20% of your gross income in retirement accounts? 27:56: What is a 401K? 32:31: Should you save for college? 41:10: The 9 steps of the Your Next Money Move Map

Connect with us:

Website: https://yournextmoneymove.com/ Instagram: https://www.instagram.com/yournextmoneymove/ Twitter: https://twitter.com/nextmoneymove